Last checked at 18 Jun 2019 14:24
PDMR Shareholding
N Brown Group plc (the "Company") announces that on 18 June 2019, nil cost options were granted to its Chief Executive Officer, Steve Johnson, over 35,410 ordinary shares in the Company and to its Chief Financial Officer, Craig Lovelace, over 48,836 ordinary shares in the Company in accordance with the Company's 2014 Deferred Share Bonus Plan (the "Deferred Bonus Awards"). The Deferred Bonus Awards are not subject to performance conditions and will vest on the third anniversary of the date of grant.
This announcement is made in accordance with Articles 19 of the EU Market Abuse Regulation 596/2014
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Stephen Johnson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| CEO, N Brown Group Plc | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| N Brown Group Plc | |||
b)
| LEI
| 213800QFPJQF2NUVAP09 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | Nil cost option over ordinary shares of 11 1/19 pence | |||
Identification code | GB00B1P6ZR11 | ||||
b)
| Nature of the transaction
| Grant of option | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 35,410 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 18 June 2019 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Craig Lovelace | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| CFO, N Brown Group Plc | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| N Brown Group Plc | |||
b)
| LEI
| 213800QFPJQF2NUVAP09 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | Nil cost option over ordinary shares of 11 1/19 pence | |||
Identification code | GB00B1P6ZR11 | ||||
b)
| Nature of the transaction
| Grant of option | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 48,836 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 18 June 2019 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
For enquiries, please contact: Theresa Casey, Company Secretary and General Counsel, N Brown Group Plc
Tel: +44 (0)161 238 2298
Registered office:
Griffin House
40 Lever Street
Manchester
M60 6ES